The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...

Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...

China’s Supreme People’s Court appears to have had enough with the uptick in cybercrimes that have become the unfortunate ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

The People’s Bank of China (PBOC) has pledged to steadily develop the digital yuan in 2026 while also encouraging its use in ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...

China will allow interest on digital yuan in 2026, while cracking down on crypto mining and tokenization activities.

China is set to launch an action plan on January 1 to enhance the management and operations of its digital currency, ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...